Pre-Market Movers (Deutsche Bank, ING Groep, Rio Tinto, Cliffs Natural, Tata Motors, Bank of America, Audience, Pandora)

Deutsche Bank AG, ING Groep, Rio Tinto, Cliffs Natural Resources, Tata Motors, Bank of America Corp, Audience and Pandora Media are among the companies whose shares are moving in pre-market trading Friday.

Deutsche Bank AG (DB) stock climbed 5 percent to $39.49 in pre-market trading. European banking shares extended rally Friday, a day after the European Central Bank (ECB) announced the widely anticipated bond-buying program aimed at lowering the struggling euro zone countries' borrowing costs.

ING Groep N.V. (ING) stock surged 4.72 percent to $8.43 in pre-market trading. KB Financial Group Inc is expected to agree as early as next week to buy ING Groep NV's South Korean insurance business in a deal worth at least $2.2 billion, Reuters has reported citing media reports.

Rio Tinto Plc (RIO) stock surged 4.08 percent to $47.42 in pre-market trading. The stock has a 52-week low of $40.50, a 52-week high of $63.18 and $84.14 billion in market capitalization.

Cliffs Natural Resources Inc. (CLF) stock surged 3.30 percent to $36.01 in pre-market trading. Analysts at UBS AG Thursday downgraded shares of CLF to a "neutral" rating from a "buy" rating with a new price target of $35.00, down from prior target price of $58.00.

Tata Motors Ltd. (TTM) stock gained 2.99 percent to $22.03 in pre-market trading. The stock has a 52-week low of $14.33, a 52-week high of $30.63 and $68.23 billion in market capitalization.

Bank of America Corp. (BAC) stock gained 1.20 percent to $8.45 in pre-market trading. The stock has a 52-week low of $4.92, a 52-week high of $10.10 and $89.99 billion in market capitalization.

Audience Inc. (ADNC) stock tumbled 54.93 percent to $8.50 in pre-market trading after the company announced that its voice-processor technology might not be used in the next version of Apple Inc.'s (AAPL) iPhone.

Pandora Media Inc. (P) stock plunged 6.05 percent to $11.81 in pre-market trading. Apple plans to develop a service that would compete with Pandora Media by sending streams of music customized to users' tastes, the New York Times has reported, citing three people briefed on the plans.